Broad St Statesville, NC 28625
R-8MF maximum nine (9) units per acre for multi-family. Townhome units may be increased up to nine (9) units per acre with a Special Use Permit and must meet the following criteria: a. A Class "C" fifteen-foot buffer will be provided along adjacent residentially-zoned properties. b. Development will be designed to connect internal streets. c. Internal and ex…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-8MF · Statesville, NCR-8MF maximum nine (9) units per acre for multi-family. Townhome units may be increased up to nine (9) units per acre with a Special Use Permit and must meet the following criteria: a. A Class "C" fifteen-foot buffer will be provided along adjacent residentially-zoned properties. b. Development will be designed to connect internal streets. c. Internal and external streets will provide curb, gutter, sidewalks and street trees whether public or private. d. Entrance to development will be landscaped. e. Amenities such as walking trails, playgrounds, pools, picnic shelters and community centers will be located centralized in the development. f. Mix of materials such as brick, stone, stucco, hardi plank and vinyl and architectural features such as gable roof, porches, balconies, variation of height and depth will be provided in elevations. g. Driveways or streets shall connect to adjoining properties to minimize number of driveways. h. Development must meet the required Findings of Fact per
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.